SouthState Corp
NYSE:SSB
SSB's latest stock split occurred on Mar 7, 2007
The company executed a 105-for-100 stock split, meaning that for every 100 shares held, investors received 105 new shares.
Before the split, SSB traded at 39.0401 per share. Afterward, the share price was about 25.2613.
The adjusted shares began trading on Mar 7, 2007. This was SSB's 5th stock split, following the previous one in Dec 20, 2004.
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SouthState Corp
Glance View
SouthState Corp, a prominent bank holding company, has carved a significant presence in the southeastern United States. Rooted in time-tested banking principles, SouthState's story unfolds against the backdrop of a region often characterized by steady economic growth and thriving communities. At its core, the company operates a network of community banks, offering a wide array of financial products, ranging from personal and business banking services to wealth management. This diversification of services enables SouthState to cultivate deep relationships with customers, aligning with its commitment to personalized service and local expertise. The bank's operations thrive on the dual pillars of traditional banking and digital innovation, ensuring that it stays relevant in a rapidly evolving financial landscape. Revenue generation for SouthState Corp is a sophisticated orchestration of interest income from loans, fees from an assortment of banking services, and investment income. The significant portion of its income is derived from the difference between the interest it earns on loans and mortgages, and the interest it pays on deposits—commonly known as the net interest margin. Additionally, the bank gains from service charges and fees related to account maintenance, payments, and advisory services. Wealth management and investment products provide further avenues for income, representing an integral part of its comprehensive financial solutions. This multi-faceted approach not only secures SouthState's financial stability but also enhances its ability to contribute to the economic vitality of the communities it serves.
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